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SBA Publishes PPP Flexibility Loan Forgiveness Interim Final Rule and Updated Applications
On June 19, the Small Business Administration (SBA) published an update to its Interim Final Rules (New IFR) to reflect changes to the Paycheck Protection Program (PPP) put in place under the new Paycheck Protection Program Flexibility Act of 2020 … Continue reading
Posted in Snell & Wilmer
| Tagged Coronavirus, COVID-19, Paycheck Protection Program, Paycheck Protection Program Flexibility Act, PPP, SBA
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Congress Adds More Flexibility to Paycheck Protection Program
On June 3, the United States Senate passed the “Paycheck Protection Program Flexibility Act” (Act), which is designed to create additional flexibility for borrowers under the terms of the Paycheck Protection Program (PPP). The Act previously passed the United States House … Continue reading
Posted in Snell & Wilmer
| Tagged Coronavirus, COVID-19, new legislation, Paycheck Protection Program, Paycheck Protection Program Flexibility Act, Trump
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